IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
I WOULDN‘T DIVE INTO ELLIOTT‘S DETAILS BUT THE DOW JONES HAS COMMENCED THE MINOR FIFTH WAVE,MAYBE THE UPSIDE TARGET FOR THIS WAVE OVERSHOOT 31500.
THIS POSSIBILITY IS SUPPORTED BY THE FACT THAT THIS WAVE STARTED WITH MANY GAPS,INCLUDING GAPS THAT INDICATE PERSISTENT OF THE UP TREND AND HITTING FRUTHER UPSIDE TARGETS